Unknown MarketScreener
The author, known as Unknown MarketScreener, is a contributor to the MarketScreener website. Their work primarily focuses on financial news and updates from around the world. The author's identity is not publicly disclosed, making it difficult to provide a detailed biography. Their articles are generally unbiased, without major contradictions or conflicts of interest, and are considered to be straightforward and easy to read.
99%
The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
100%
Examples:
No current examples available.
Conflicts of Interest
100%
Examples:
No current examples available.
Contradictions
100%
Examples:
No current examples available.
Deceptions
100%
Examples:
No current examples available.
Recent Articles
Tech Stocks Sell-Off: Shifting Funds from Tech to Small Caps Amidst AI Spending and Valuation Concerns
Broke On: Thursday, 25 July 2024Tech stocks experienced a significant sell-off in July 2024, with the Nasdaq Composite decreasing by nearly 8%. Analysts believe this trend may continue due to shifting investor funds and concerns over tech company valuations and profit growth. However, some tech companies reported strong earnings, and the U.S. economy grew impressively in Q2 2024, leading to increased rate-cut bets that could potentially boost tech stocks again. Small caps have outperformed the Nasdaq 100 during this period, but big tech companies are increasing their spending on AI initiatives with uncertain returns. 
Cleveland-Cliffs Considers Bid for US Steel Amid Nippon Deal Fallout and Union Support
Broke On: Wednesday, 10 September 2014Cleveland-Cliffs CEO considers making another bid for US Steel if Nippon's deal falls apart and union support is secured. However, previous offers were rejected by U.S. Steel and the Biden administration deemed a sale to Cleveland-Cliffs not viable. 
US Job Market Strengthens, But Monetary Policy Concerns Loom as Stock Markets Falter and Inflation Plagues Europe
Broke On: Friday, 05 January 2024The US job market is showing signs of strength, but doubts about monetary policy have arisen due to the addition of 216,000 jobs in December and an unchanged unemployment rate. The S&P 500 and Nasdaq are performing poorly for the past week as investors wait for more clues about the state of the economy before making any decisions. Other factors such as inflation in Europe and concerns about sales of Apple's next smartphone are also impacting market performance. Global Stock Markets Fluctuate Amid Labor Market Data and Federal Reserve Rate Policy Speculations
Broke On: Monday, 04 December 2023Tech stocks led the major averages higher, with the Nasdaq Composite rising nearly 1.4%. The latest weekly jobless claims data revealed that 220,000 claims were filed in the week ending Dec. 2. Global stocks have been retreating as investors await further labor market data. Crude prices are lower due to investor skepticism over the latest OPEC+ decision on supply cuts and uncertainty surrounding global fuel demand. U.S. stock futures were little changed early Thursday as global bond yields rose and traders eyed two more jobs reports that may impact the chances of the Fed cutting interest rates next year. Colorado Supreme Court to Hear Case on Trump's 2024 Ballot Eligibility
Broke On: Monday, 04 December 2023The Colorado Supreme Court is set to hear a case challenging former President Donald Trump's eligibility to appear on Colorado's 2024 ballot. Several attorneys general from Republican-controlled states have filed briefs in support of Trump's eligibility. A former Republican Colorado secretary of state and advocacy group Colorado Common Cause have filed an amicus brief supporting the plaintiffs' case. Commercial Ship 'Galaxy Leader' Seized in Yemen's Hodeidah Port
Broke On: Monday, 20 November 2023The commercial ship Galaxy Leader was seized in the Hodeidah port area in Yemen on November 19. The ship was boarded by military personnel via a helicopter, and all communication with the vessel has been lost. The United States has denounced the seizure of the ship, labeling it as a breach of international law. The crew of the Galaxy Leader is composed of nationals from Bulgaria, Ukraine, the Philippines, Mexico, and Romania. The vessel is chartered by Japan's Nippon Yusen. China's Central Bank Holds Benchmark Lending Rates Steady
Broke On: Monday, 20 November 2023China's central bank has maintained its benchmark lending rates, with the one-year loan prime rate at 3.45% and the five-year LPR at 4.2%. The decision to keep the rates steady is influenced by the weaker yuan, which continues to limit further monetary easing. The PBOC injected the most cash into the financial system since late 2016 through its one-year loans to meet liquidity needs. The International Monetary Fund forecasts China's economy to expand 5.4 percent this year before slowing to 4.6 percent next year. Glencore to Acquire Majority Stake in Teck's Steelmaking Coal Business
Broke On: Tuesday, 14 November 2023Glencore PLC is set to acquire a 77% stake in Teck Resources Ltd's steelmaking coal business, Elk Valley Resources, for USD6.93 billion in cash. As part of the arrangement, Teck has agreed with Japan's Nippon Steel Corp that its current 2.5% interest in Elkview Operations will be rolled up to equity in Elk Valley. South Korean steel maker Posco Holdings Inc also intends to exchange its current 2.5% interest in Elkview Operations and its 20% interest in the Greenhills joint venture for a 3% stake in Elk Valley. Glencore plans to list the combined coal operations on the New York Stock Exchange within two years of the acquisition closing.